Job with PlanSource (A product Based Firm) @ PlanSource Benefits

We are very delighted to find your profile which best matches Our Current Requirement.

Your profile has been shortlisted for the role of "Procurement Analyst"

PlanSource is a high-growth software company headquartered in Orlando, Florida driven to create a better benefits experience for employees and the HR teams that support them. Nearly 4.5 million consumers receive their benefits through the PlanSource platform, which provides flexible and intuitive software and services for benefits administration. We provide a real time customer experience.

PlanSource is part of the Vista Equity Partners portfolio of companies.

Our company is the second largest in US benefits and Administration software, we educate the end user on benefits.

Our Company was established in 2008. Our total employee strength is 600.

 We are looking for a passionate and experienced candidate for our new COE office in Bangalore.

Interview Selection Process:

1st Round - Online Aptitude and Personality Assessment (30Mins)

(Since our company belong to Vista group every employee who will join our organization should take this test. Its Mandatory)

2nd Round:-F2F (Technical Interview)/Managerial Round /HR

Job Description

JOB SUMMARY:

The Procurement Analyst works to maximize cost of software and services savings through logistical programs and or supply chain initiatives. They will work with stakeholders from internal cross functional business units, vendors and related third parties to identify opportunities and execute the necessary analytics to manage logistical programs. They will use Microsoft Excel based spreadsheets and various 3rd party business applications like vendr, scout360, and cleanshelf planning tools to determine the appropriate software and services savings by vendor. They will share program options and a recommendation to the VPs of IT Services, Product & Development, Engineering and other Operation functions as needed. With a program decision, the Procurement Analyst will manage the life cycle of the logistic program to include execution, score carding, payment setup, auditing, monitoring and course correction as necessary. They enjoy being a technical and business expert for 3rd party spending and ongoing analysis and supports the Vendor Management Office with their system expertise in evaluating supply chain initiatives and training other team members including vendor partners.

The Procurement Analyst is primarily responsible for: 

Working with internal and external suppliers and, cross functional teams to secure the necessary data to analyze the Logistical Program or Supply Chain Initiatives

Execute necessary analyses to determine the appropriate recommendation for inventory and logistical practice to drive lower cost of software and services. Will utilize MS Excel based spreadsheets and applicable 3rd party tools to determine the appropriate economical inventory and savings

Work in a mode of continuous improvement to identify potential opportunities in the area of logistics and inventory to help reduce PlanSources cost of goods by determining least-cost products. Your responsibilities will span opportunities related to multiple departments software and 3rd party Utilization

Seeks continuous process improvement while identifying areas of potential business risk; communicates to Vendor Management Office with recommendation.

Analyze program structure and determine best qualification scenario for PlanSource.

Communicate analytical findings to stakeholders in an easy to understand actionable fashion.

Manage the life cycle of the logistic program to include execution, score carding, payment setup, auditing, monitoring and course correction. Provides on-going status report to the Vendor Management Office.

Create analytical models for disparate and complex vendor efficiency programs or projects related to new business/shift in Distribution volume.

Work with Departments to prepare annual budget commitments for all accrual programs across OPEX and CAPEX spend. 

Review, audit and challenge vendor scorecards to ensure billing and value realization is captured.

Document and communicate program savings against historical performance. Problem solve shortfall and present action plan to Vendor Management Office.

Independently manage item maintenance activity to ensure program compliance.

Secure supplier signatures and Certificate of Insurance or other contract related documents as needed. 

Lead and support efforts to improve procurement processes and efficiencies to reduce administrative time/expenses and increase accuracy in data provided. Participate on various projects as needed.

Actively participate in the preparation of bi-weekly status updates by providing logistical program updates and savings achieved, ensuring that all information is presented in a clear and concise format for senior management to review.

Develop tracking and reporting, including external and internal data to become single source of truth for the Vendor Management Office.

Documents the results of analysis and reporting activities using the appropriate templates or analysis tools

Provide expertise in procurement to peers and associates in making and evaluating decisions

Complete additional job-related training courses and/or seminars, as may be required for the job and/or assigned by Manager

Other duties deemed necessary by management

Why would someone want this job?

This is an ideal opportunity for someone who enjoys the process of building and maintaining relationships, negotiating to win-win solutions for both parties, and is eager to learn new processes while making a meaningful impact to the clients and vendors they serve.  

 In addition, you should be passionate about:

Being detail oriented, analytical, organized and objective. Must love to analyze data quickly and ascertain a plan of action based on that data. 

Multi-Tasking - able to work on multiple projects at once and be able to shift priorities as needed to meet department objectives.

Developing a strong analytical acumen and improving upon your technical skills.

Creating complex modeling in Excel 

Understand business drivers

Hard Skill Requirements:

Education: Bachelors degree in Business or related field.

1-2 years experience in related project analysis position.

Specialist in data analysis, achieved by experiential or academic routes

Excellent communication, organization, prioritization, documentation and time management skills.

Strong communication skills: ability to create compelling written and verbal communication

Strong functional, technical, and detail orientation skill

Knowledge and experience gathering requirements, functional design, and working with business processes

Soft Skill Requirements:

Ability to work with vast amounts of data from different sources

Able to handle multiple tasks concurrently without supervision

Build relationships and influence stakeholders by building trust and rapport

Comfortable working with ambiguity

Ability to influence without authority

Self-motivated, quick learner with good problem solving and listening skills.

Ability to work well with multiple cross-functional groups

Possess ability to direct, organize, lead and control work group staff.

Location: Bangalore

CONTACT PERSON:- RASHMI KRISHNAIAH

Kindly revert back with your confirmation!!!!!!

If the job description is not suitable request you to discard this email.

If interested please share your updated profile to Ra**************h@pl*******e.com

IMPORTANT NOTE : If you have already attended the test/interview with Plansource earlier in any location, you will not be eligible to take the test for next 6 Months.